How Evidence Sometimes Loses Out to Emotion The AlphaMind Podcast with Brian Keating (#321)

In this interview on the ALPHA MIND podcast, hosts STEVEN GOLDSTEIN
& MARK RANDALL interview Professor Keating about some of the
connections which bind trading, investing, and science. Brian talks
about how scientists, despite being held on some sort of an
intellectual pedestal, are human, and are just as prone to the
foibles and behavioral errors which are common to people in all
fields, including trading. The theme, which resonates throughout
this interview, alludes to the meta game of science and trading,
something which was captured in a quote by Dr. Keating, and which
featured prominently in Greg Zuckerman’s 2019 book about the
trading legend Jim Simons, ‘The Man Who Solved the Market: How Jim
Simons Launched the Quant Revolution.’ The quote is: ‘Scientists
are human, sometimes all too human. When desire and data are in
collision, evidence sometimes loses out to emotion.’ Themes
explored in this interview are; confirmation bias, ego, and our
ability, or even inability, to separate our outcomes from our ego.
https://podcasts.apple.com/gb/podcast/the-alphamind-podcast/id1467395734
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